# PPP loan: SATURN MACHINE & WELDING CO. INC.
> **$547K** approved 01/29/2021 · Paid in Full · Loan `8455958301`
## Borrower
- **Name:** SATURN MACHINE & WELDING CO. INC.
- **Address:** 223 N Willie Pride Rd, Sturgis, KY, 42459-8477
- **NAICS:** 332313
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $547K
- **Initial approval:** $547K
- **Forgiven:** $549K (100%)
- **Forgiveness date:** 07/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $547K
- **Jobs reported:** 34
## Lender
- **Originating:** United Community Bank of West Kentucky, Inc.
- **Servicing:** United Community Bank of West Kentucky, Inc. (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*